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Terms and Conditions of Credit Card/Debit Card No Cost EMI

The following terms and conditions apply to No Cost Equated Monthly Instalment ("EMI") transactions made using a credit/debit card issued by eligible banks during the offer period.

  • The below apply only for EMI as a payment option ("No Cost EMI").
  • The No Cost EMI facility is being offered to the customers who make a purchase transaction on or the mobile site thereof (collectively known as "") using a credit card or debit card issued by eligible banks using EMI facility; if available on
  • This offer is valid till 31 March 2024.
  • “No Cost EMI” is made available on select products and with select banks, as determined from time to time.
  • Eligible products will have details of the eligible banks and card type (credit card or debit card) mentioned on the Product Description pages under the Finance offers section.
  • The product selected should be the only product in your cart to be eligible for the offer. Any additional product/service item in the cart/order will automatically disqualify for the No/Low Cost EMI and/or cashback offer.
  • Additional Brand Cashback visible under " Save More with EMI / Cashback " is available only if the net product amount is within the threshold. Please check the payment page for final eligibility of Offer.
  • Some banks may charge additional fees for EMI conversion, please check with issuing bank for any additional charges or GST on the charges. This is not covered under the "No Cost EMI scheme.
  • The "No Cost EMI" payment option can only be availed using the credit card of any bank on and selected debit cards as determined from time to time. This is not available on purchases made using any other payment method including but not limited to net banking, UPI, Wallet or pay on delivery payment methods.
  • Using the "No Cost EMI" payment option, the customers who undertake the purchase transactions on, will only pay amounts as follows :
    • The total of the “principal amount and interest amount” paid during the EMI tenure minus instant discount or deferred cashback received equals the total amount mentioned on the invoice (at the time of making the purchase transactions).
    • will provide amounts equivalent to the EMI interest as an instant discount or deferred cashback to undertake the purchase transactions on EMI.
  • The participating banks/brands reserve the right to charge Goods and Services Tax (GST) or other applicable taxes on the purchase transactions undertaken on EMI which will be over and above the product price.
  • Customers cannot add more than one item to their cart if they want to avail “No Cost EMI”.
  • Customers may avail the No Cost EMI facility, provided that:
    • The order is not cancelled by the customer
    • The product is not returned / exchanged by the customer.
  • The EMI facility is made available to the customers by and in the sole discretion of the banks issuing the credit cards.
  • Reliance Retail Limited will not be liable for any claims on account of availability or non-availability of EMI facility.
  • Individual bank terms and conditions for the issuing bank on EMI transaction will also be binding for "No Cost EMI" and "Low Cost EMI" transaction on reliance retail.
  • Please refer to detailed bank TNC -
  • Reliance Retail is only responsible for refund of the transaction. Cancellation of loan will be as per the terms and condition of issuing bank.
  • Reliance reserves the right to change the banks offering the No Cost EMI or stop No Cost EMI payment option at any time without prior notice and without any liability.
  • All Disputes are subject to laws of India and courts at Mumbai Jurisdiction.